Which of the following government agencies estimates and compiles the U.S. GDP accounts?

A.  The American Economic Association
B.  The Federal Reserve System
C.  The Bureau of Economic Analysis
D.  The Internal Revenue Service

C.  The Bureau of Economic Analysis

Economics

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There will be no deadweight loss if the marginal benefit to consumers is equal to the marginal cost of production and the sum of consumer surplus and producer surplus is maximized

Indicate whether the statement is true or false

Economics

Is there a difference between the "true burden" of a tax and who is legally required to pay a tax? Briefly explain

What will be an ideal response?

Economics